>> conference with property negotiator pursuant to the government code section and administrative cudahy. prop. 520, persons negotiating and the other party under negotiations price in terms of payment. conference with legal counsel pursuant to california government code and san francisco on administrative code. item 24, pursuant to a government code section 54957. to consider public employee appointment hiring for the position of general manager of the san francisco public the san francisco public utilities commission. president moran: we are back in open session. the commission took no action. could i have a motion regarding whether to disclose? >> motion not to disclose. >> all those in favor? opposed? the motion carries. any other new business? this meeting stands adjourned, thank you. supervisor chu: hello, and welcome to the special meeting of the budget and finance committee. my name is carmen chu, chair of the committee. i am joined by supervisor avalos, supervisor camp, and supervisor cohen. supervisor wiener will join us in a few minutes. our court today is victor young. any an

from all i understand cudahy gave a good view of latitude to the times, quite probably in my view and the sun eight times. so i would be very surprised if he wasn't much more aware of what they're printing than o'donnell suggested in his note. but we did have some important things to discuss. if i can pick up some of those points you raised. on the day i became prime minister in 1990, interest rates were 14%. they went out. when we went to the exchange rate mechanism commerce in order to bring interest rates down. ms repeated over years pass and interest went up during the period we run the exchange rate mechanism. in fact they came down from 14% of the day became prime minister to 6% when i left and came rattling down during the period we were and the exchange rate mechanism except for black wednesday when it was nothing came down again the next day. so they came down consistently. on the message i wish to get to mr. murdoch was actually the british economy actually started recovering. you can see this very plainly now in retrospect actually started recovering in the first quarter of

>> conference with property negotiator pursuant to the government code section and administrative cudahy. prop. 520, persons negotiating and the other party under negotiations price in terms of payment. conference with legal counsel pursuant to california government code and san francisco on administrative code. item 24, pursuant to a government code section 54957. to consider public employee appointment hiring for the position of general manager of the san francisco public utilities commission. will double and a closed session. -- go into closed session.